A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.
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Analysis

Insider Trading Case Shows BigLaw Associate Vetting Gaps

By Chris Villani

A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.

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Justices Say Freight Brokers Can Face Negligence Suits

By Linda Chiem

The U.S. Supreme Court said Thursday that freight brokers might also be liable under state law for selecting unsafe motor carriers that then get into highway crashes that kill or injure people, offering long-sought clarity on liability standards in a commercial trucking industry unnerved by supersized verdicts against carriers and drivers.

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Homebuyers, Brokers Clash Over Opt-In Antitrust Settlements

By Isaac Monterose

A proposed class of homebuyers is opposing efforts by HomeServices of America Inc. and Douglas Elliman Inc. in Florida federal court to settle separate but similar antitrust class actions accusing brokerages of conspiring to inflate broker commission fees.

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7th Circ. Presses Trans CTA Driver On Bias Evidence

By Celeste Bott

A Seventh Circuit panel Thursday pressed counsel for a former Chicago Transit Authority bus driver on whether the record showed he was fired because he is transgender, rather than because he failed to follow procedures for taking leave, as he seeks to revive discrimination claims against the agency and union.

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Analysis

Freight Brokers Brace For New Risks After High Court Ruling

By Linda Chiem

The U.S. Supreme Court on Thursday shattered what freight brokers believed was an ironclad shield against state-based negligence and injury claims over catastrophic accidents, as the trucking industry's middlemen face heightened legal exposure and question what reasonable care means in selecting motor carriers for a transport, experts say.

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ENFORCEMENT

Ill. Rep.'s Ex-Aide Pleads Not Guilty To COVID Relief Fraud

By Lauraann Wood

An Illinois congressman's former deputy district chief accused of securing fraudulent unemployment insurance benefits through a COVID-19 pandemic relief program pled not guilty to the charges Thursday in federal court.

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LITIGATION

Hillrom Says Antitrust Row Rival Must Name Litigation Funder

By Gianna Ferrarin

Hospital bed-maker Hillrom wants rival company Linet to reveal who is funding its litigation accusing Hillrom of trying to monopolize the industry's U.S. market, telling an Illinois federal court Linet has improperly evaded court discovery orders.

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BeiGene Must Face AbbVie's Chemical Trade Secret Claims

By Elliot Weld

An Illinois federal judge has denied oncological research company BeiGene's request to escape claims from AbbVie Inc. that it poached a retired scientist to obtain trade secrets related to a certain chemical compound, saying BeiGene failed to back up its arguments.

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Insurer Says Denver Law Firm Let $825K Deal Go To Scammer

By Gianna Ferrarin

An insurance defense law firm negligently allowed an $825,000 workers' compensation settlement to be sent to an impostor, forcing Chubb unit Federal Insurance Co. to replace the misdirected funds, according to a complaint filed in Colorado state court.

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Brief

United Airlines' $27.5M ERISA Suit Deal Gets Initial OK

By Patrick Hoff

United Airlines on Thursday secured initial approval from an Illinois federal court for a $27.5 million settlement agreement that would resolve claims that it locked retired employees out of a generous COVID-19-era benefits package.

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EXPERT ANALYSIS

Nexstar Offers A Cautionary Tale On State-Level Deal Scrutiny

State-enforcement challenges to the $6.2 billion Nexstar-Tegna merger remind legal practitioners that federal approval isn't always sufficient to deliver certainty on closing, integration and timetable assumptions, says Brett Story at Britehorn Securities.

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Series

Playing Basketball Makes Me A Better Lawyer

My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

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LEGAL INDUSTRY

DOJ Asserts Broad Power In BigLaw Executive Order Appeal

By Jared Foretek

A Trump administration attorney told the D.C. Circuit on Thursday that the courts have no authority to review the president's decision to revoke someone's security clearance for any reason, including race, religion, or even refusal to pay a $1 million bribe.

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Trump's 8th Circ. Pick Clears Senate Panel Vote

By Courtney Bublé

President Donald Trump's nominee for the Eighth Circuit, who represented the president in the cases brought by writer E. Jean Carroll, advanced to the full Senate on Thursday.

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Thomas Urges Defense Of Constitution At Judicial Conference

By Carolina Bolado

U.S. Supreme Court Justice Clarence Thomas urged attendees at the Eleventh Circuit Judicial Conference on Thursday to "stand up" for the U.S. Constitution and to see the positives in the country, despite its flaws, on its 250th birthday.

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Fenwick Hit With FTX Suit In DC Over $525M Losses

By Emily Lever

A group of former FTX customers has sued Fenwick & West LLP in federal court in Washington over its work representing FTX from 2018 to 2022, seeking to recover more than $525 million for losses stemming from the cryptocurrency exchange's collapse.

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NYC Bar Endorses Random Audits For Law Firm Accounts

By Emily Sawicki

The New York City Bar Association's Professional Discipline Committee on Thursday threw its support behind a statewide bill to institute a random audit program for law firm financial accounts.

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Ogletree Fights Atty's Discovery Bid For DQ Push In Bias Suit

By Lynn LaRowe

A Georgia federal court should deny a bid for discovery aimed at disqualifying Ogletree Deakins Nash Smoak & Stewart PC from defending a security company against discrimination claims because the request stems from the plaintiff's lawyer's "personal grievances," the company said Thursday.

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Lover's Ex-Wife Fights Sinema's Request For Therapy Notes

By Abigail Harrison

A bid by former U.S. Sen. Kyrsten Sinema of Arizona to unearth notes and communications from a therapist working with her lover's ex-wife should be summarily denied, as the ex-wife, Heather Ammel, told a North Carolina federal court Thursday that the request is a clear overreach.

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8th Circ. Backs Dismissal Of Horse Breeder's Malpractice Suit

By Tom Lotshaw

The Eighth Circuit said a federal judge was right to dismiss a malpractice suit a Minnesota horse breeder brought against Porter Wright Morris & Arthur LLP and one of its former attorneys for mishandling malpractice cases against three other firms.

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LAW FIRMS IN TODAY'S NEWS

Akerman LLP

Armstrong Teasdale

Baker Donelson

Black & Rose

Bradford Andresen

Brown & Crouppen

Brown Gren

Clement & Murphy

Cooley LLP

Cozen O'Connor

DiCello Levitt

Dorsey & Whitney

Dowd Bloch

Fenwick & West

Foley & Mansfield

Freed Kanner

Gibson Dunn

Goodwin Procter

Greenberg Traurig

Hanson Bridgett

Hogan Lovells

Jenner & Block

Jones Day

Kirkland & Ellis

Korein Tillery

Koskoff Koskoff

Latham & Watkins

Lehman Lee

Lowell & Associates

Lowey Dannenberg

Lynch Thompson

MacGill PC

McCarter & English

McGuire Law PC

Morgan & Morgan PA

Morvillo Abramowitz

Munger Tolles

Ogletree Deakins

Paul Hastings

Paul Weiss

Perkins Coie

Porter Wright

Poyner Spruill

Riley Safer

Salvatore Prescott

Sidley Austin

Susman Godfrey

Taft Stettinius

Thompson Coburn

Van Camp Meacham

Wachtell Lipton

Watkins Calcara

Weil Gotshal

Williams & Connolly

WilmerHale

COMPANIES IN TODAY'S NEWS

ADT Inc.

AbbVie Inc.

Amalgamated Transit Union

American Civil Liberties Union

Baxter International Inc.

BeOne Medicines Ltd.

Beacon Hill Staffing Group LLC

Britehorn Securities LLC

C.H. Robinson Worldwide Inc.

Douglas Elliman Realty LLC

Hill-Rom Holdings Inc.

HomeServices of America Inc.

Johnson & Johnson

Microsoft Corp.

Momenta Pharmaceuticals Inc.

National Association of Realtors

National Interstate Corp.

New York City Bar Association

Nexstar Media Group Inc.

Otis Worldwide Corp.

Pharmacyclics, Inc.

Tegna Inc.

The DIRECTV Group Inc.

United Airlines Holdings Inc.

Vanliner Insurance Co.

Watanabe Schwartz

GOVERNMENT AGENCIES IN TODAY'S NEWS

Chicago Transit Authority

Equal Employment Opportunity Commission

Executive Office of the President

Federal Aviation Administration

Federal Bureau of Investigation

Federal Communications Commission

Federal Motor Carrier Safety Administration

Georgia Department of Labor

U.S. Attorney's Office for the Northern District of Illinois

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Justice

U.S. Department of Transportation

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of California

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of Florida

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the Southern District of Georgia